WAR FUNDS COUNCIL

Southland Times, Issue 22073, 21 July 1933, Page 8

WAR FUNDS COUNCIL

RELIEF OF DISTRESS.

(Per United Press Association.)

Wellington, July 20. The annual meeting of the National War Funds Council was held yesterday, the Hon. J. A. Young presiding. The accumulated funds and trust accounts were shown as £143,626, the excess of expenditure over income being £BB7l. The fact that expenditure had exceeded income for the past four years by £21,000 was noted and gratification was expressed that, notwithstanding the assistance accorded, the council would be able to function for many years. The number of loan applications being received was referred to and a ruling given that at this date loans should not be acceded to unless the circumstances were exceptional, this being the policy of patriotic societies generally. Grants for the relief of distress arising out of unemployment remitted to 51 societies totalled £lO,OOO. The council was unanimously of the opinion that relief was still needed, and that in these difficult times an ex-soldier was deserving of, and entitled to the fullest consideration, and that the vote should be renewed. It was resolved that the executive be empowered to expend £15,000 for the coming year. The Flock House subsidy of £7 1/9 per boy was renewed. The executive was empowered to seek a grant from England to aid exImperial soldiers.